1 ) <span>In a company's SWOT analysis, which of the following is an example of a threat?
</span>In a company's SWOT analysis, if there are many competitors in the market, that can be an example of a threat.
Answer:
Manufacturing overhead rate variance= $3,741 unfavorable
Explanation:
Giving the following information:
The standard variable overhead rate is $6.10 per direct labor-hour.
During the most recent month, 1,300 units of product D80D were made and 8,700 direct labor-hours were worked. The actual variable overhead incurred was $56,770
To calculate the variable overhead rate variance, we need to use the following formula:
Manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity
actual rate= 56,770/8,700= $6.53 per hour
Manufacturing overhead rate variance= (6.1 - 6.53)*8,700
Manufacturing overhead rate variance= $3,741 unfavorable
Answer:
Option (c) is correct.
Explanation:
Law of demand states that the price of the commodity and the quantity demanded of that commodity are negatively related to each other. This means that as the price of the commodity falls then as a result the quantity demanded for that commodity increases.
Therefore, the consumer will buy more sticks when the price of sticks falls from $2 to $1.
Answer:1.
1. Key conditions for the company to be "auditable" :
<u>- Transparency in the company's financial statements </u>
Meaning the company should let the auditors acess the full financial information taht written by the company, without any information to hide.
<u>- The company's control environment </u>
This mean that the company should be able to inform the set of procedures that it implemented for the operation
<u>- Management is aware of possible risks and are following steps to minimize the risks ethically</u>
This means that the management shouldn't overblown their expense to increase their deductible or overblown their asset value to obtain investors.
<u> - Good communication between the auditors and the management</u>
<u>2.</u> What uncommon challenges to "auditability" are posed by Chinese companies?
Unlike united states government, the Chinese government tend to have a really strong influence within the private sector. It has a significant amount of ownership toward chinese largest corpration.
This make it really hard for auditors because those companies often required by the government not to spill crucial information of the company. That information might compromise the Chinese government.
